InnovAge Holding Q4 2024 GAAP EPS $(0.01) Beats $(0.03) Estimate, Sales $199.40M Beat $191.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
InnovAge Holding (NASDAQ:INNV) reported better-than-expected Q4 2024 results with a GAAP EPS of $(0.01), beating the estimate of $(0.03), and sales of $199.40M, surpassing the $191.49M estimate. Sales increased by 12.74% compared to the same period last year.
September 10, 2024 | 8:12 pm
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InnovAge Holding's Q4 2024 results exceeded expectations with a GAAP EPS of $(0.01) and sales of $199.40M, both beating analyst estimates. Sales grew by 12.74% year-over-year.
The better-than-expected earnings and sales figures are likely to positively impact InnovAge Holding's stock price in the short term. Beating both EPS and sales estimates suggests strong operational performance, which is typically viewed favorably by investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100